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Summary of the Annual Report of the International Harvester Company - By Cyrus H. McCormick, President
The success of this Company depends primarily upon the prosperity of the farmers throughout the world. The generally favorable crop conditions in 1910 again resulted in large financial gains to them; and their prosperity is reflected in some degree by the increase in the total volume of the Company's business for the year. The foreign trade in har- ve'^ting machinery, and the sales of the recently developed new lines at home and abroad, now constitute two-thirds of the Company's total business, and con¬ tribute more than proportionately to the net earnings. The extension of the Com¬ pany's business throughout the world has established it upon a firmer basis and insures greater stability and security from crop failures.
The manufacture and sale of harvest¬ ing machinery probably requires a larger working capital in proportion to the volume of sales than any other commer¬ cial enterprise, because of the long credits extended to farmers, and the necessarily large investment in inventories and man¬ ufacturing facilities. At December 31,
1910, the total assets of the Company aggregated $195,000,CCO, while the total sales of manufactured products for the year were less than half that amount.
The high tariffs on harvesting ma¬ chinery in Europe, and the necessity for better and prompter service to our cus¬ tomers, have required the construction of works at Croix, France; Neuss, Germany; Lubertzy, Russia, and Norrkoping, Swe¬ den. The French and German factories were complieted during 1910, and are now in satisfactory operation. Additions to the Russian plant, costing nearly $1,250,000, are now being made for build¬ ing lobogreikas, mowers and reapers, in
1911, and a twine mill is building at Neuss. The properties producing raw materials
have been in successful operation during the year, and supply a large proportion of the Company's requirements. In¬ creased facilities have been added to the blast furnace and steel mill property at South Chicago. Extensive development work is in progress on the Company's coal lands in Kentucky, and a coking
plant of 300 bee-hive coke ovens is being construated. A new saw mill at Huttig, Arkansas, with a daily capacity of 80,000 feet of hard wood lumber, was completed during the year.
Better and increased crops can be pro¬ duced by more scientific methods of agri¬ culture and intensive farming. The Company is endeavoring to supplement the able and efficient work of the Depart¬ ment of Agriculture and the various State experiment stations and agricul¬ tural colleges by publishing pamphlets dealing with scientific farming. The Company is financing three experimental farms in different sections of the country, and is offering premiums in other dis¬ tricts to promote the raising of the finest crops.
Welfare Work is being continued along the lines of the policy adopted in 1909. For this work $217,000 was appro¬ priated during the year.
A profit-sharing distribution was again made in 1910 to meritorious employes, in which 1,976 participated. The plan of interesting employes as stockholders, on a favorable basis, has met with great favor, and 3,600 employes are now stock¬ holders.
Realizing the objections to the usual method of handling industrial accidents in the United States, the Company in April, 1910, inaugurated an Industrial Ac¬ cident Plan, providing liberal compensa¬ tion for industrial accidents, to be paid regardless of legal liability on the part of the Company. Although it is not com¬ pulsory upon any employe to accept settlement for accidents under this plan, in the great majority of cases the amount is accepted, and personal injury litigation is avoided. The plan requires a reserve fund to meet liabilities as they occur, and this year the Company has appropriated $250,000 for this purpose.
In reporting the progress of the busi¬ ness during the past year, the Board makes grateful acknowledgment of the loyalty, efficiency and spirit of co-opera¬ tion, which have characterized the organ¬ ization, and have ^dded much to our success.
'/I:'

Harvester World magazine was first published by International Harvester Company in October of 1909. From 1909 to 1946, Harvester World functioned primarily as an employee magazine, carrying news from various factories, branch houses and dealerships around the world. The magazine included biographical sketches of employees; notices of retirements and promotions; announcements regarding new company initiatives or building projects; and a variety of other news relating to nearly every facet of the company’s world wide operations. The magazine was published by the company’s Advertising Department, and also functioned as a way for headquarters to communicate with dealerships. In 1946, the magazine was redesigned and eventually shifted from an employee magazine to a more customer-oriented focus. By the 1950s, most Harvester Articles were human interest stories centering on the people and organizations who used International Harvester products. At the same time, photography became an increasingly important element in the content and presentation of the magazine. The magazine was discontinued in 1969.

Summary of the Annual Report of the International Harvester Company - By Cyrus H. McCormick, President
The success of this Company depends primarily upon the prosperity of the farmers throughout the world. The generally favorable crop conditions in 1910 again resulted in large financial gains to them; and their prosperity is reflected in some degree by the increase in the total volume of the Company's business for the year. The foreign trade in har- ve'^ting machinery, and the sales of the recently developed new lines at home and abroad, now constitute two-thirds of the Company's total business, and con¬ tribute more than proportionately to the net earnings. The extension of the Com¬ pany's business throughout the world has established it upon a firmer basis and insures greater stability and security from crop failures.
The manufacture and sale of harvest¬ ing machinery probably requires a larger working capital in proportion to the volume of sales than any other commer¬ cial enterprise, because of the long credits extended to farmers, and the necessarily large investment in inventories and man¬ ufacturing facilities. At December 31,
1910, the total assets of the Company aggregated $195,000,CCO, while the total sales of manufactured products for the year were less than half that amount.
The high tariffs on harvesting ma¬ chinery in Europe, and the necessity for better and prompter service to our cus¬ tomers, have required the construction of works at Croix, France; Neuss, Germany; Lubertzy, Russia, and Norrkoping, Swe¬ den. The French and German factories were complieted during 1910, and are now in satisfactory operation. Additions to the Russian plant, costing nearly $1,250,000, are now being made for build¬ ing lobogreikas, mowers and reapers, in
1911, and a twine mill is building at Neuss. The properties producing raw materials
have been in successful operation during the year, and supply a large proportion of the Company's requirements. In¬ creased facilities have been added to the blast furnace and steel mill property at South Chicago. Extensive development work is in progress on the Company's coal lands in Kentucky, and a coking
plant of 300 bee-hive coke ovens is being construated. A new saw mill at Huttig, Arkansas, with a daily capacity of 80,000 feet of hard wood lumber, was completed during the year.
Better and increased crops can be pro¬ duced by more scientific methods of agri¬ culture and intensive farming. The Company is endeavoring to supplement the able and efficient work of the Depart¬ ment of Agriculture and the various State experiment stations and agricul¬ tural colleges by publishing pamphlets dealing with scientific farming. The Company is financing three experimental farms in different sections of the country, and is offering premiums in other dis¬ tricts to promote the raising of the finest crops.
Welfare Work is being continued along the lines of the policy adopted in 1909. For this work $217,000 was appro¬ priated during the year.
A profit-sharing distribution was again made in 1910 to meritorious employes, in which 1,976 participated. The plan of interesting employes as stockholders, on a favorable basis, has met with great favor, and 3,600 employes are now stock¬ holders.
Realizing the objections to the usual method of handling industrial accidents in the United States, the Company in April, 1910, inaugurated an Industrial Ac¬ cident Plan, providing liberal compensa¬ tion for industrial accidents, to be paid regardless of legal liability on the part of the Company. Although it is not com¬ pulsory upon any employe to accept settlement for accidents under this plan, in the great majority of cases the amount is accepted, and personal injury litigation is avoided. The plan requires a reserve fund to meet liabilities as they occur, and this year the Company has appropriated $250,000 for this purpose.
In reporting the progress of the busi¬ ness during the past year, the Board makes grateful acknowledgment of the loyalty, efficiency and spirit of co-opera¬ tion, which have characterized the organ¬ ization, and have ^dded much to our success.
'/I:'